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MSP affordable housing term sheet stalls after $2 million grant not awarded

Wauwatosa City Financial Affairs Committee · November 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff told the Financial Affairs Committee that an MSP Real Estate affordable housing proposal for the Burley Triangle lacks a critical $2 million grant and is not moving forward; Milwaukee County had pledged $1 million but the project has no financial path forward at this time.

City staff told the Wauwatosa Financial Affairs Committee that a proposed MSP Real Estate affordable housing project for Foundry Way in the Burley Triangle no longer has a financing path after the developer…

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